financial presentation for quarter iv fy 2016-17 · pdf filea kirloskar group company...
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KIRLOSKAR FERROUS INDUSTRIES LIMITED
A Kirloskar Group Company
Financial Presentation for
Quarter IV
FY 2016-17
May 17 This is a proprietary document of Kirloskar
Ferrous Industries Limited 1
Disclaimer
Statements in this presentation, particularly those
which relate to management’s views and analysis,
describing the Company’s objectives, projections,
estimates and expectations may constitute “forward
looking statements” within the meaning of applicable
laws and regulations. Actual results might differ
materially from those either expressed or implied.
May 17 This is a proprietary document of Kirloskar
Ferrous Industries Limited 2
Revenue from operations
May 17 This is a proprietary document of Kirloskar
Ferrous Industries Limited 3
CAGR 11%
2001-02
2002-03
2003-04
2004-05
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
Revenue from operation 227 251 376 497 483 525 726 699 807 1092 1090 1198 1232 1365 1114 1134
0
200
400
600
800
1000
1200
1400
1600
In R
s. C
rore
s
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
2008-2009
2009-2010
2010-2011
2011-2012
2012-2013
2013-2014
2014-2015
2015-2016
2016-17
PBT -14 3 27 21 40 67 66 20 70 72 56 62 58 72 85 121
-40
-20
-
20
40
60
80
100
120
140
Rs.
(in
Cro
res)
PBT Trend
May 17 This is a proprietary document of Kirloskar
Ferrous Industries Limited 4
CAGR 27%
Net Worth
May 17 This is a proprietary document of Kirloskar
Ferrous Industries Limited 5
2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
Net worth 28 59 92 102 103 263 300 297 327 359 380 407 426 455 492 583
-
100
200
300
400
500
600
In R
s. C
rore
s
Net worth Linear (Net worth)
CAGR 21%
Highlights
Q4 FY 2016-17
The Net Sales has improved by 29% as compared to previous year fourth quarter
MBF 1 upgrade completed on 17th Jan 2017 to take the total capacity from 3,60,000 MTPA to 3,91,400 MTPA
Inhouse Research & Development at Koppal was approved and recognized by DSIR in March 2017
KFIL’s infrastructure for machine shop at Koppal was inaugurated on 17th March 2017
May 17 This is a proprietary document of Kirloskar
Ferrous Industries Limited 6
Financial Highlights
In Rs. Crores
May 17 This is a proprietary document of Kirloskar
Ferrous Industries Limited 7
ParticularsQ4
FY2017
Q4
FY2016Variation FY 2016- 17 FY 2015-16 Variation
Net Sales 318 245 1,127 1,106
Other Operating Income 2 3 7 8
Revenue from Operations 320 247 29% 1,134 1,114 2%
Other Income 1 1 6 2
Total Revenue 322 248 30% 1,139 1,116 2%
Cost of Material Consumed (Including stock adjustment) 202 116 75% 587 592 -1%
% to Revenue from Operation 63% 47% 52% 53%
Employee benefits expense 17 18 -3% 73 71 3%
Other expenses 77 78 -2% 298 300 0%
EBIDTA 25 36 -31% 181 153 18%
Finance Cost 2 5 -54% 14 24 -42%
Depreciation and amortisation expense 10 11 -8% 46 44 3%
PBT 12 20 -38% 121 85 43%
Tax -1 8 -112% 31 27 12%
PAT 13 12 10% 91 58 57%
Key Financial Metrics
Quarter wise for FY 2016-17
May 17 This is a proprietary document of Kirloskar
Ferrous Industries Limited 8
Particulars Q1 Q2 Q3 Q4
Net Sales 298 289 222 318
Other operating Income 2 1 2 2
Revenue form operations 300 290 224 320
Profit from Operations 56 37 24 13
Finance Cost 4 3 4 2
Profit Before Tax 54 35 20 12
Profit After Tax 38 23 17 13
Year 2016-17
Rs. In Crores
Key Financial Ratios
May 17 This is a proprietary document of Kirloskar
Ferrous Industries Limited 9
PARTICULARS U/M 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
A Profitability Ratios
1 ROCE=PBIT/TCE % 8.71% 12.50% 11.89% 14.50% 16.03% 17.75%
2 ROE= PAT/Net Worth % 9.75% 9.61% 9.34% 10.83% 11.73% 15.55%
B Leverage Ratios
1 Debt/Net Worth Times - 0.20 0.22 0.13 0.22 0.16
2 Interest Coverage = PBIT / Interest Times 6.55 5.20 3.53 4.00 4.61 9.89
C Liquidity Ratios
1 Current = CA / CL (Including Bank Borrowing & Excluding Right Money) Times 1.27 1.35 1.32 1.58 1.58 1.19
2 Quick = ( CA - Inventory ) / CL Times 0.80 0.78 0.80 1.06 1.06 0.79
D Turnover Ratios - (Annualized)
1 Fixed Assets = Sales / TFA Times 1.80 1.88 1.89 1.55 1.19 1.91
2 Net Current Assets = sales / Net Current assets Times 14.80 12.58 19.14 56.43 11.88 7.31
3 Total Assets = sales / Total Assets Times 1.44 1.35 1.24 1.47 1.30 1.17
4 Inventory / Sales per day Days 39 41 42 28 26 39
5 Receivables / Sales per day Days 48 41 49 41 40 55
Sales Details
May 17 This is a proprietary document of Kirloskar
Ferrous Industries Limited 10
NOTE: Pig Iron sales was down:
in FY2016-17 Q3 & Q4 due to MBF-I up-gradation and
in FY 2015-16 Q4 due to MBF-II furnace relining
MT MT Change %
Sales Q1 Q2 Q3 Q4 2016-17 2015-16
Pig Iron 72419 69414 39355 72307 2,53,495 2,89,485 -12%
Castings 17002 17448 14992 16450 65,892 56,661 16%
Rs Cr. Rs Cr. Change %
Sales Q1 Q2 Q3 Q4 2016-17 2015-16
Pig Iron 161 146 100 181 589 623 -5%
Castings 133 137 117 131 519 461 13%
Others 6 6 7 8 26 30 -14%
Total 300 290 224 320 1,134 1,114 2%
2016-17 (MT)
2016-17 (Rs.Cr.)
Castings
Industry & Product Mix 2016-17
May 17 This is a proprietary document of Kirloskar
Ferrous Industries Limited 11
47%
10%
43%
Industry Category
Auto
Diesel Engine
Tractor
22%
13%
32%
33%
Product Category
Cyl Block
Cyl Head
Housing
W/J Block
ENCON Awards Best Managed Energy Efficient Unit, Best Renewable Energy Project & Best Watercon Project
May 17 This is a proprietary document of Kirloskar
Ferrous Industries Limited 12
THANK YOU
May 17 This is a proprietary document of Kirloskar
Ferrous Industries Limited 13